24-26 Lands Ln
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24-26 Lands Ln
9,011 SF 100% Leased Retail Building Leeds LS1 6LB £1,375,000 (£153/SF) 8.74% Net Initial Yield
Investment Highlights
- Well located close to Queen's Arcade
- City Centre location
- Future residential development potential of the upper parts
Executive Summary
The property comprises an investment for sale.
The asking price is £1,375,000 representing a gross initial yield of 8.74%.
The asking price is £1,375,000 representing a gross initial yield of 8.74%.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
9,011 SF
Year Built
1920
Price
£1,375,000
Price Per SF
£153
Net Initial Yield
8.74%
NOI
£120,175
Percent Leased
100%
Tenancy
Multiple
Number of Floors
5
Building FAR
0.26
Lot Size
0.79 AC
Frontage
36 ft on Lands Lane
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Nearby Major Retailers
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24-26 Lands Ln
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